EHealth CareEIN: 344428256

Toledo Hospital

Toledo, Ohio

CHealth Score
41C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.35×
Peer Median0.58×
💰
$1.6B
Total Revenue
📊
$1.5B
Total Expenses
🏦
-$518.1M
Net Assets
📋
$2.1B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.5%
Year-over-year change (2022 → 2023)
Net Margin
+7.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.35
Net assets divided by total expenses
Liabilities-to-Assets
131.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,586,047,1067%$1,465,299,7733%$1,627,180,6594%
2022$1,475,777,5027%$1,427,482,46718%$1,558,803,58737%
2021$1,373,600,90219%$1,209,964,4065%$2,477,516,01410%
2020$1,152,627,9361%$1,147,276,9476%$2,740,360,33342%
2019$1,142,430,47817%$1,084,436,34422%$1,926,315,4531%
2018$977,242,26014%$888,334,8138%$1,915,205,54333%
2017$854,436,0773%$970,267,450$1,438,331,354
2016$877,277,5368%$966,859,56613%$1,442,478,11815%
2015$810,369,8702%$852,583,1729%$1,701,109,63219%
2014$828,109,6146%$785,578,7541%$1,430,927,975
2013$780,428,0626%$778,547,7465%$1,426,475,4653%
2012$738,530,3064%$743,743,5165%$1,380,322,6782%
2011$711,321,384$707,223,943$1,347,893,540

Frequently Asked Questions

What does Toledo Hospital do?

Toledo Hospital is a health care nonprofit organization based in Ohio. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Toledo Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Toledo Hospital has a score of 41/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Toledo Hospital generate?

Toledo Hospital reports $1.7B in annual revenue and holds $1.8B in total assets, based on IRS filings.

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